Archive

CA100+ targets lobbying, implementing TCFD and net zero emissions

Climate Action (CA) 100+ has set out its engagement priorities, over the coming months, in its first initiative progress report for 161 'focus companies'.

Is Climate Action 100+ pushing hard enough?

The heavyweight investor engagement initiative has won some victories with fossil fuel giants. But should it be demanding more, asks Elena K Johansson.

People moves: SIM, IIRC, Swiss Life, Brunel Pension, SUSI, Nordea

BP climate change resolution passes with 99% support

A shareholder resolution calling on BP to prepare a business strategy consistent with the 2015 Paris Agreement on climate change secured 99.14% of votes at the oil giant's annual general meeting.

People moves: World Bank, BlackRock, IIGCC, Partners Group, Greencoat, PRI, SASB, US SIF, Osmosis and Grantham Institute

The World Bank has launched a search for a new president after Jim Yong Kim announced he would leave his role three years earlier than expected, to become a partner at Global Infrastructure Partners.

Set climate targets, power sector told by investors with $11trn in assets

Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.

Investors welcome EU's plans to be carbon neutral by 2050

Investors have welcomed the EU Commission's plans to be carbon neutral by 2050.

IIGCC publishes climate scenario analysis guide

Investors who use scenario analysis will be better equipped to respond to early warning signs, such as a rising carbon price, and take more informed investment decisions as the low-carbon transition evolves.

Pension funds grill major companies on climate lobbying

A group of more than 50 major companies have been challenged on their approach to climate lobbying by investors with assets of about $2 trillion.

People Moves: CalSTRS, BNP Paribas, ERAFP, GWEC, FC4S and Cornerstone

Kirsty Jenkinson has been appointed as director of corporate governance at the California State Teachers' Retirement System (CalSTRS) and replaces Anne Sheehan, who retired in March.